Safe harbor

My port in your heavy storm.

A favourite metaphor for U.S. Securities lawyers, who find safe harbors]] in many unexpected places, from the vicissitudes of:

• The Bankruptcy Code, when you are endeavoring to close out derivative master agreements against U.S. corporations (and - perhaps not - ERISA plans);
• The Investment Advisors Act of 1940, for broker/dealers wishing to bundle fees for research services into their commissions for equity brokerage;
• The registration requirements of the Securities Act of 1933, to be found under Rule 144A of that spectacular statute.

There are doubtless many more.